Chi People Gas (0681) issues 70M shr for CBs conversion 2006/08/03 12:20 (Infocast News)
Chinese People Gas Holdings (0681) reported that no conversion of any US$20 million convertible bonds which to be due in 2008 was made nor were any shares cancelled pursuant to other transactions during the month of July. However, shares were issued in the period of July as the company exercised certain options issued by the company on 29 April 2004. As a result, the total number of issued shares as at July 31 was increased by 70 million shares to 2.956 billion shares, and the number of issued share capital is $206.889 million.
Trading in the shares of the company remains suspended until the publication of the preliminary results of the group for fiscal 2006. The stock price of the company before the suspension of trading was $0.345.
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